Washington State Insurance Practice Exam

Who is considered a Nonresident Producer in Washington State?

1. An individual domiciled and licensed as a resident producer in the same state

2. An individual domiciled and licensed as a resident producer in a state other than Washington

3. A resident of Washington with a license in another state

4. Any individual with dual licensing in two different states

The correct answer is: An individual domiciled and licensed as a resident producer in the same state

In Washington State insurance regulations, a Nonresident Producer is defined as an individual who is domiciled and licensed as a resident producer in the same state. This distinction is important as it can impact licensing requirements, reciprocity agreements, and other regulatory considerations. Options B, C, and D do not accurately reflect the definition of a Nonresident Producer in Washington State. While they involve individuals with licenses in multiple states or situations of residency in different states, Option A specifically aligns with the criteria set forth by Washington State for nonresident producer status.